WITH the latest statistics from Daft.ie showing a 10.8 per cent in Limerick City rent prices, the Government has been accused of continuing to fail renters by not delivering cost rental homes.
The accusation was made by Limerick Sinn Féin TD Maurice Quinlivan who said that the Daft.ie report confirmed that the average new rent across Limerick City is now €1,645 a month.
“This is totally unaffordable for people on ordinary incomes. It is difficult to see how any renter in Limerick could both pay their rent while also trying to put money away for a house deposit,” he explained.
“It is clear that the housing crisis continues to be totally out of control and ordinary people are paying the price for this government’s failures.
“The housing crisis is devastating people’s lives in Limerick. Generations are locked out of home ownership, trapped paying crippling rents and feeling they have no hope of ever owning their own home. This means lives put on hold, as people struggle to keep afloat and keep up with sky high rents.
“Despite the falling private rental stock and rising private rents, Government’s cost rental delivery is appallingly low. Just 684 cost rental homes were delivered last year across the State, none of them in Limerick.
“Government must accept that its cost rental targets are too low. They must also accept that the price of these cost rental units is too high.
“They must dramatically increase and accelerate the delivery of these much-needed cost rental homes and ensure that they are genuinely affordable to working people in Limerick,” Deputy Quinlivan added.
